Member Info for pijoe1212

increase in dilution from $250M to $310M..with $60M having a two year option period. good news or bad? depends how you view it.

ok jim..i see what you are saying. thks

I was most surprised the differing dates for admission doc and recommence trading..not normal in my experience

agadem "open files with the FCA & SFO then" future tense or past?

yesterday i posted: "what i find most revealing on this BB is the lack response to "paid poster" claims call someone a "name" - like idiot and bang post straight back saying how they are not.... for many weeks now i have stated some posters are paid / employed by the co and the co's IR...not one denial. names in return (esp "shorter") but no denial. now why is that? um.... to be a paid poster is one thing but to claim they are not when they are is market abuse pure and simple and being caught for market abuse is a criminal matter. so the risk is too great as they don't know who each of us knows....." so no confirmations from agadam / diversified i see... um....further confirmation

Lol...so you think I earn my living from spelling???!!! What a joke!!

Anyone would think there is a strategy of posting long rns extracts several times to push the posts about paid posters off the page... Still on pc later And will repost... Wonder if they now know who’s been texting me and if there ears are burning...best get a good book for the visit to the headmasters office in the morning

good for you...i undertake similar when i find things are not as they should be... and thk you for your confirmation (not that i took you to be a paid poster - just somewhat rude in responses)

this is funny to watch and read my txts over the last 40mins or so....LOL

what i find most revealing on this BB is the lack response to "paid poster" claims call someone a "name" - like idiot and bang post straight back saying how they are not.... for many weeks now i have stated some posters are paid / employed by the co and the co's IR...not one denial. names in return (esp "shorter") but no denial. now why is that? um.... to be a paid poster is one thing but to claim they are not when they are is market abuse pure and simple and being caught for market abuse is a criminal matter. so the risk is too great as they don't know who each of us knows.....

sorry mate..but do you post rollocks? justify or be filtered as an arch ramper

conkclo are you for real? you state: FACT 2. Low suction pressures dictate the export T1 outlet pressure. (Thats pipeline export pressure to you) now i assume (and believe i am correct) you simply do not understand the mech detail. the machines are centrif compressors. they have a rising head curve. so the pressure rises with reduced flow. this is normal. the output pressure is fixed by the export line. the input pressure is fixed by the wellhead/ processing pressure. so the flow rate rate is determined by the pressure differential..while the differential is between the rotating stall / surge point and run out the machine simply operates on variable speed drive using PID control on input & output pressures. no issue. if the machine operates above duty point..then inlet throttle valve controlled..simple and normal. if the machine operates below duty point ..then recycle controlled..or perhaps active mag bearing? or if variable speed drive..then surge point just does not happen. read API 525 and API 521.. both standards i know well (and should do..)

that was a fun day..wish all days were like this! roll on tomorrow..

Bye bye...no shame in selling Sqz. I am sure you have made money. So circle was a shitbag investment you took part of. Your choice.

just back from working through the night..recieved. will look later after a kip!

looks good to me..given the in-perfect market does it need to be any better? but would be great to play about with it..(i'm very sad!) email is best for me ctag111222@gmail.com (this is an account i only use for early lse BB exchanges). post on here the time and date and i will find and email you back from a "proper" account. (and no i did not ever hold ctag shares..its a joke (disposable and worthless!))

wahlberg thks for sharing - i still had not found the time to do the same..couple of points: rather than oil price - use the 35p/th (hedge price) plus a bit? opex/bl increases with reducing production.. i would expect to see opex reduce over the first two yrs due to efficiency (lump from replacing BP oh with "slimline" oh) but then increase on /bl basis. as i mentioned before the EV comparator method is a short circuit of the same thing? (assumes the EV of oilers reflects the NPV..which in a perfect market it would). but comes to much the same figure.. to be frack any refinement is likely not worthwhile as the market is not perfect...but does give us all a good reference to taking buy / sell views on...

Thks - my post on Tuesday am came to same figure using ev approach. Given we have approached it in two ways and cane to same figure is encouraging. As discussed on here it will likely take time for the sp to attain fair value...

Posted earlier how one can make a first pass assessment of fair value using ev as a key metric. Some comparable: Pmo: 76k bpd. Debt $2.8bn mcap �400. Ev/ flowing bl =$44k/ bl Enq: 37k bpd. Debt $1.9bn mcap �400. Ev/ flowing bl=$62k/ bl Tlw: 110k bpd. Debt $3.6bn mcap �2.3bn. Ev/ flowing bl= $60k/ bl Cne: 25k bod. Debt -$250m mcap �1.2bn. Ev/ flowing bl= $52k/ bl I suggested first pass valuation based on $50k/ flowing bl. Above shows why I use this figure. Question is what do the Cash payments to bp equal in terms of share of the 19kbls per day bought? I have guesssed 8k blsper day...( Npv calc required / not easy on an iPhone!)

i 100% agree the opening price will be nowhere near the "fair value"..51p does not sound too far off to me..but it is how it then moves which i am more interested in.